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Stock impact report

Ex-Goldman Banker Turned PE Billionaire Takes On Korea's Chaebol [Yahoo! Finance]

POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg There Will Soon Be No Meatpackers Left in NYC's Historic Meatpacking District NY Transit Agency Takes Next Step on Brooklyn-Queens Rail Link Inside NYC's Playbook for Getting Federal Grant Funds A Courtyard Apartment Building Designed for Southwest Sprawl The Tartarian Candidate Now, fact appears to be following fiction. Last month, Kim's eponymous private equity firm MBK Partners Ltd stepped into one of the most fraught corporate battles in recent Korean history, a tussle pitting the founding families behind heavyweight Korea Zinc Co. against each other. The two sides are vying for control of the world's largest producer of the refined metal, a key player in global efforts to loosen China's grip on the supply of materials vital to the energy transition. It is an audacious move for Kim, a Korean-born, US-educated financier, and a rare one. While private equity's involvement in the country's economy has grown dramatically over the last two deca Show less Read more
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